2650 JEFFERSON, Ogden, UT 84401
31BD/—BA Residential in Ogden, UT 84401. 14,569 sqft. Built 1979. Listed at $2,950,000. MLS #2146702.
31BD/—BA Residential in Ogden, UT 84401. 14,569 sqft. Built 1979. Listed at $2,950,000. MLS #2146702.
$2,950,000
Marcus & Millichap is pleased to present Smith Villas, an 18-unit multifamily community located in a central Ogden location near Weber State University, Historic 25th Street, and Hill Air Force Base, supporting consistent rental demand from a diverse tenant base. The property features a predominantly two-bedroom unit mix and offers a compelling value-add opportunity, with in-place rents well below market. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement. Please do not disturb tenants. Call or text for more information, including financials, the offering memorandum, or to schedule a tour.
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 3
County
Weber
Lot Size
1.08 sq ft
Condition
Blt./Standing
MLS #
2146702
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 3
County
Weber
Lot Size
1.08 sq ft
Condition
Blt./Standing
MLS #
2146702
List Price
$2,950,000
Annual Taxes
$1,388
Home Warranty
No
List Price
$2,950,000
Annual Taxes
$1,388
Home Warranty
No
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Why this is a deal
Classification
Standard
Deal Score
90/100
vs Similar Homes
111% above
vs Market Median
41% above
Area Growth (YoY)
10.1%
Deal Score Breakdown
90/100 · 1 qualifying signal
10.1% year-over-year ZHVI growth in this area
Priced 111% above the median of similar listings
Priced 41% above the per-subtype city median
STR net cashflow -$9,644/mo (-51.0% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Est. Annual Revenue
$159,008/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$9,645 /mo (−$115,735/yr)
Monthly STR income
Monthly ownership cost
Coverage
70%
Net /mo
−$9,644
DSCR
0.62
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$381,000
+674% vs median
58 days
333
$174,999 – $2,800,000
$1,388
High Crime
19.2
per 1,000
36.9
per 1,000
23.6
per 1,000
79.7
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
Select agents you’d like to hear from. They’ll be notified of your interest — your contact details stay private until you choose to respond.

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Devin Tanner - Utah Realtor

Salt Lake City Specialist Driving Smart Home Deals
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Built with AI to help you find your perfect home
Powered by AI • Secured by Supabase • Trusted by Agents